Grant of Options & Director Shareholding

Westside Investments plc, the AIM listed investment vehicle announces that it has issued a total of 20,000,000 options over ordinary shares to certain key executives and employees of Westside who are engaged in the development of the child-friendly, football focussed social network dedicated to children aged 7 to 17. These options are exercisable for 7 years from the date of grant at an exercise price of 0.275 pence per ordinary share.

In addition, the Company was informed on 30 April 2014 that, on that date, Mr. David Hillel, Finance Director of the Company, transferred a total of 3,500,000 ordinary shares in the Company held in the Hillel Family SIPP to his own name at a price of 0.25 pence per share. Following this transfer, Mr. Hillel remains interested in a total of 6,053,128 ordinary shares representing 0.46 per cent of the issued share capital of the Company.

 

ENDS

 

For further information please visit www.westsideinvestments.co.uk or contact:

 

Geoffrey Simmonds

Westside Investments Plc

Tel: 020 7935 0823

Mark Percy

Cantor Fitzgerald Europe

Tel: 020 7894 7000

Catherine Leftley

Cantor Fitzgerald Europe

Tel: 020 7894 7000

Elisabeth Cowell

St Brides Media & Finance Ltd

Tel: 020 7236 1177

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